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Micro 3.7 MR = MC Practice: Econ Concepts in 60 Seconds for Advanced Placement Microeconomics
2:11
YouTubeJacob Clifford
Micro 3.7 MR = MC Practice: Econ Concepts in 60 Seconds for Advanced Placement Microeconomics
Mr. Clifford's 60 second explanation of how to use the profit maximizing rule (MR = MC). Assume the firm is perfectly competitive and that the price is $20. Try pausing the video and identifying how much the firm should make and the profit they will make. Please keep in mind that these clips are not designed to teach you the key concepts. These ...
389.6K viewsNov 6, 2009
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